Oct 1, 2012 12:00am PDT
%. there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2% increase. that's less than the rate of inflation. so, i think that the reason that i believe he'lwin re-election is we are beginning to recover. we have a higher rate of job creation since the recession bottomed out in the middle of 2009 than in the previous eight years. and, we are moving in the right direction and the policies he's advocated are going to produce good economic results. if people thought it was like another recession, he would be in trouble. it's not like another recession. they know it. >> people say the paralysis in washington, the inability to get in a room and get a deal done. i interviewed
Oct 1, 2012 6:00pm PDT
to start talking about the issues. they're going to start talking about the economy. why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him verbally beat him up and make the points that you've made crystal clear and win the argument. but there's another argument that says that one of mitt romney's problems is he's not likeable enough and he may need to turn on the kind of easy ronald reagan charm which he deployed so successfully in debate. it's a fine line, isn't it, between being hard and aggressive and making a point, but also coming over as likeable. >> right. and piers, really, the way to deal with that, and i think this is true for any debate but especially on
Sep 26, 2012 12:00am PDT
be a substantial deficit but it will be much smaller. president obama's main contribution to this $16 billion debt which is -- a $1 trillion debt which is a ten-year figure, projecting out ten years, was the stimulus bill which was $800 billion, which i believe was a good thing to do. i think that that might even be even bigger without it, because it kept people working and paying taxes and off the government payrolls and because it created new jobs and infrastructure in energy. if you look at his annual spending budgets, they are about 2% increases. that's less than the rate of inflation. so i think that the reason that i believe he will win re-election is that we're beginning to recover. we've had a higher rate of job creation since the recession bottomed out, the collapse bottomed out in the middle of 2009, than in the previous eight years, and we are moving in the right direction, and the policies he has advocated are more likely to present a good economic result. that's why if people thought this was just like another recession, he would be in real trouble but it isn't like another recession.
Sep 28, 2012 6:00pm PDT
specifically about what his plans are for this country. that's been a huge deficit for him over the course of this campaign. no specifics, no details. so i think that is part of the burden he carries next wednesday night. >> i suppose one of the problems for you is that barack obama is in the strange position of being the quite clear favorite. i don't think many incumbent presidents have that going into debates but people say i saw a poll this morning, he's up nearly 60% of americans believe obama will win the debates. that's always a rather precarious place to go into a debate, isn't it, as the clear favorite because expectation levels can often exceed performance. >> that is definitely the case. you know, the president -- we're taking this debate very seriously. we know that there's a certain expectation on our side. we also know what history tells us, that challengers normally win the first debate, just by the fact that they're standing on the stage with the president. that elevates them. and they normally come into these things as underdogs so we're coming into this debate very realist